و الإفصاح في شركات التأمين لغرض تفعيل الحوكمة LAS/IFRS المعايير المحاسبية الدولية

Abstract

This study aims to highlight the reality of the application of International Accounting Standards (IAS) and governance principles issued by the Organisation for Economic Co-operation and Development (OECD) in Algerian insurance companies. Moreover, it seeks to address the issue of the impact of IAS disclosure on the effectiveness of insurance company governance. The study contains a theoretical aspect that reviewed the international accounting standards for insurance companies, the principles and mechanisms of governance and the specificity of insurance companies in this field, while the applied aspect was based on a field study of a sample of insurance companies operating in Western Algeria, where 120 questionnaires were distributed to a valid sample for the study. The data were transcribed and analysed using SPSS software and the study hypotheses were tested using a set of appropriate statistical tests. The results of the study, based on the responses of the sample members, revealed that there is an application of international accounting standards and governance principles by Algerian insurance companies. The study also showed that disclosure according to international accounting standards contributes to achieving transparency, accuracy and clarity in financial reports and embodies accountability, which enhances investor confidence and meets the requirements of all users of financial statements in a fair manner. Finally, the research confirmed that the standardisation of recognition, measurement, presentation and disclosure standards achieve greater protection for all parties dealing in the insurance sector.